The United Kingdom is reporting a huge jump in liability fraud, citing a 75% increase in bogus liability claims last year alone, numbering 19,800 cases. While the UK reports that insurance fraud rose by 9%, fraudulent claims for "slip and trip" accidents and other injuries appear to be one of the fastest-growing crimes.
The Association of British Insurers explained that while the crime is increasing in frequency, fraudsters are also much more likely to be caught. Increased fraud detection played a big part in decreasing premiums last year. Companies are advised to remain vigilant in regards to liability claims.
Click here to read the full article by Brian Milligan for BBC News.